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DEVRO PLC — Director's Dealing 2022
Nov 29, 2022
4717_dirs_2022-11-29_5f466331-a3fd-4fb2-9b5e-8d2bf755e09d.html
Director's Dealing
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RNS Number : 9880H
Devro PLC
29 November 2022
DEVRO plc ("Devro" or "the Company")
Notification of Transactions of Directors, Persons Discharging Managerial
Responsibility or Connected Persons
Following the vesting on 25 November 2022 of a conditional award of Devro plc 10p ordinary shares ("Shares") made to Group Human Resources Director, Anton Zawada, on 11 June 2020 under the Company's Performance Share Plan (the "Award") (to replace a portion of the awards Mr Zawada forfeited at his previous employer, in order to take up his position with the Company), Mr Zawada has undertaken the following transactions in Shares:
On 25 November, Anton Zawada acquired 4,607 Shares for nil consideration.
On 28 November, Anton Zawada sold 2,246 Shares at 309 pence per Share to cover the tax liability and dealing costs arising on the vesting of the Award.
The notifications at the end of the announcement, made in accordance with the requirements of the Market Abuse Regulation, provide further details.
Enquiries:
Catriona Christie
Assistant Company Secretary
Tel: 01236 872261
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Anton Zawada
2
Reason for the notification
a)
Position/status
Group Human Resources Director / PDMR
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Devro plc
b)
LEI
549300Z9YLY7LEMLJ904
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary 10p shares
GB0002670437
b)
Nature of the transaction
Acquisition of shares following the vesting on 25 November 2022 of a conditional award of shares granted on 11 June 2020 under the Company's Performance Share Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost | 4,607 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022-11-25
f)
Place of the transaction
Outside a trading venue
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Anton Zawada
2
Reason for the notification
a)
Position/status
Group Human Resources Director / PDMR
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Devro plc
b)
LEI
549300Z9YLY7LEMLJ904
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary 10p shares
GB0002670437
b)
Nature of the transaction
Sale of shares on 28 November 2022 to satisfy the tax liability arising from a vesting of the conditional award of shares granted on 11 June 2020 under the Company's Performance Share Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 309 pence | 2,246 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022-11-28
f)
Place of the transaction
London Stock Exchange (XLON)
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